* Included in Asking Price
Santa Monica-$59,000 Income-Self Serve Yogurt Franchise-Absentee Owner Great Foot Traffic
Asking Price: $100,000
Location: Los Angeles County, Los Angeles County, California
Yearly Revenue: $290,004
Yearly Cash Flow: $59,999
Monthly Rent: $5,800
Owner selling after 10 years. International self serve yogurt franchise with strong customer base, quality custom yogurt and national recognition. Located in the beautiful city of Santa Monica blocks from the beach, city college, residential housing and directly across the street from a 300,000 sq.ft. corporate office building, next to Starbucks. Customers enjoy creating their own desserts with a variety of fun and innovative flavors and toppings to choose from. Local training in corporate store is offered. Operating Sun-Thurs 12pm-10pm, Fri-Sat 12pm-11pm. Franchise fees are 6% of sales and 2% for marketing. Equipment includes: 7 Taylor yogurt machines, corporate POS system, security and camera system with 8 cameras, walk-in freezer, 2 door freezer, 1 cold topping display case, 1 dry topping display case, 12 tables, 25 chairs, 3 comp dish sink. Complete with 2 ADA bathrooms and over 100 parking spaces. Seller is moving out of state.
Organization: Corporation | Year Established: 2011 | Current Owner: 2011 | Employees: 5 | Seating: 18 indoors/20 outside | Square Footage: 1335 | Parking: parking lot | Licenses Required: City business license, Health Dept. & Dairy License | Days Open/Hours: Mon-Thurs 12pm-10pm, Fri-Sat 12pm-11pm | Reason For Sale: Other Interests |
Yearly Revenues: $290,004 | Yearly Cash Flow: $60,000 |
Monthly Rent: $5,800 | Lease Expiration: June 2020 | Yearly Adjustment: 10% every 5 years | Lease Option: 2-5 year |
Seller Reference #3040
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